CTSIUSDT trade ideas
Cartesi breakout of triangle , CTSIUSDtGood Day,
Cartesi has broken out of a triangle pattern. Listed on Coinbase, Binance, and others. A promising network for developers , looks to be an important part of blockchain scalability, using Optimistic Rollups. Cartesi enables smart contract creation using mainstream programming Languages.
CTSI looks strong for $1.50Despite the fact that bitcoin is gowing down and there is no clear indictores as btc is influecing the alts alot. But still , CTSI looks good at the moment
T1- 1.25
T2- 1.36
T3- 1.49
Breakdown of Triangle at CTSI There is a triangle at CTSI for couple days. Trinagle break out today and make pullback(not financial advice)
CTSI PredictionI am Tracking CTSI with 200 MA.
RSI is giving me a no trend vibe and SMA looks bearish to me. I am still learning, so bear me with me.
🆓Cartesi (CTSI) May-15 #CTSI $CTSIThe recent 12Hour candle is quite bearish but the selling volume is not too high so we will need to pay attention to this 1.1$ zone. If it could conquer this 1.1$ zone, it will keep moving up to 1.5$ zone in the next few days, but if failure, it could dump to 0.9$ and 0.65$ before generating new rally up to 1.5$ zone.
📈BUY
-Buy: 0.88-0.92$ if A. SL if B
-Buy: 1.1-1.15$ if A. SL if B
📉SELL
-Sell: 1.1-1.15$. SL if A
-Sell: 1.45-1.5$. SL if A
♻️BACK-UP
-Sell: 0.88-0.92$ if B. SL if A
-Buy: 0.635-0.665$. SL if B
❓Details
🕯Timeframe : 12 Hours
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
An Analysis on Long CTSI/USDTCTSI / USDT.
After multiple testing on the recent support zones 1.2 and 1.1 respectively, a breakout is expected after a bearish session and possible hit $1.5, and $2.5 respectively
Next entry point around $1.2 and
Do your own research and smile when it does x5
Not a financial advice
Clear Bull FlagThis is clearly a bull flag.
Cartesi remains my favorite altcoin, the project is built on solid foundation.
CTSI has the potentials to do well now and in the future.
CTSI DAILY CHART - On the move! While the long term outlook seems utterly unknown, I feel fairly certain that things will be looking good in the short term!
CTSI possible move! Hello, I am coming today with an idea on CTSIUSDT pair. Many people made lots of earning with CTSI in the past days as it did a very good move. In the long term I see it quite possible to break the 1$ target and more but meanwhile I am talking about the scenarios possible in the 1h time frame.
FIRST SCENARIO-Most possible one to happen. I see it shorting to the 0.78 and 0.73 area. RSI indicates a bearish movement and as you can see it is forming a downtrend. So a possible move is between the two green lines indicated with the price there. It will form a lower low, so I see it even going more down, which will indicate a good area of entering as I have put in the chart. The next target after that is 0.8$ with a fine percentage win.
Second SCENARIO- The latest support became resistance. It means that it will need to break that in order for us to say that we are seeing a trend reversal. Also it needs to stay above 0.90$ for a while to call it a bullish movement. It also can form a M patter, touching the resistance and not breaking it, moving us again with the 1st scenario. This is not much possible, as the indicators show that a bearish move. Unless a big volume enters the trade, we can see a reversal.
Trade with patience and trade carefully. If you have any comment, you are free to comment. :)
CTSIUSDT - 6 HAfter the huge breakout we saw on CTSI we are now consolidating a bit and the most likely scenario is that we now are creating a tight range.
What you see is the 6 H chart but if you zoom out to the daily chart we can still have a bullflag.
If we break the lows then i think we drop back to the breakout zone, if we break the highs then the bullflag is confirmed.
For every new follower i will add a new idea :)
